Global economy defies tariffs — resilience in uncharted waters

Global economy defies tariffs — resilience in uncharted waters

Despite a sharp surge in tariffs in 2025, the global economy has shown surprising durability.

Key takeaways:

1. Global GDP grew at ~2.4% annualized in H1 2025
2. Trade volumes, investments, and equity markets have remained strong
3. Firms and consumers are hedging risk, front-loading imports, and rerouting shipments via lower-tariff countries
4. Companies like Germany’s EBM Papst are even expanding U.S. production to sidestep tariff exposure

This isn’t immunity — it’s adaptation. The real test may come later, as delayed effects of tariffs slowly ripple through economies.

Source: https://www.wsj.com/economy/trade/global-economy-tariffs-trade-growth-b2c1824a?mod=economy_lead_pos2